Non-Farm Payrolls 678k vs 400K | Grains Prices Surge
b'Non-farm payrolls came in at 678K versus the estimated 400K. I expect a knee-jerk reaction but not much mores than that, says Larry Shover of D. Alexander Capital. The unemployment rate came in at 3.8% which is slightly better than expected 3.9%. Larry is looking at real interest rates for guidance. Ben and Larry look at the chart of Euro futures (/6E). They weigh in on the increase in grain commodities, including wheat (/ZW) and corn (/ZC).'